News for 'Rising Asia'

Sensex hits record high; closes at 62,273

Sensex hits record high; closes at 62,273

Rediff.com24 Nov 2022

Equity benchmark BSE Sensex closed at an all-time high of 62,272.68 on Thursday, tracking a firm trend in global markets after the US Fed minutes indicated a slower pace of rate increase that bolstered investors' sentiment. Extending its rally to the third straight day, the 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.he broader NSE Nifty gained 216.85 points or 1.19 per cent to end at 18,484.10.

Brown lauds India's rising prowess

Brown lauds India's rising prowess

Rediff.com21 Jan 2008

British PM Brown asked IMF and World Bank to reflect India's rising contribution to world economy.

Indian investors most optimistic in Asia

Indian investors most optimistic in Asia

Rediff.com15 Jul 2008

Soaring inflation and market volatility notwithstanding, Indian investors have emerged most optimistic in Asia and many of them believe the economy has improved in the second quarter of 2008, says a survey.

Which Is India's Largest TV Channel?

Which Is India's Largest TV Channel?

Rediff.com3 May 2023

DD Freedish is the 'largest TV platform in India', going to 58 million homes, featuring 70-odd private channels. DD Freedish reaches about 278 million people, and is easily among the top five TV platforms in the world.

Arshdeep Singh India's pride, every Indian stands with him: BJP

Arshdeep Singh India's pride, every Indian stands with him: BJP

Rediff.com6 Sep 2022

Strict legal action must be taken against those posting hate remarks against him, BJP national general secretary Tarun Chugh said.

US-promoted Indo-Pacific strategy bound to fail: China ahead of Quad summit

US-promoted Indo-Pacific strategy bound to fail: China ahead of Quad summit

Rediff.com22 May 2022

The US "Indo-Pacific Strategy" is bound to be a failed strategy, Wang said in the comments posted by the Chinese foreign ministry on its website.

BSE, NSE end at fresh lifetime highs

BSE, NSE end at fresh lifetime highs

Rediff.com25 Nov 2022

Equity benchmarks settled at record highs on Friday, rallying for the fourth day running, helped by intense buying in index majors Reliance Industries, Wipro and Maruti. In a largely range-bound trade, the 30-share BSE Sensex climbed 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high. During the day, it jumped 175.05 points or 0.28 per cent to 62,447.73 -- its lifetime intra-day peak.

Yamuna breaches danger mark again; floods likely in Delhi

Yamuna breaches danger mark again; floods likely in Delhi

Rediff.com23 Jul 2023

The water level of the Yamuna in Delhi breached the danger mark again on Sunday following a surge in discharge from the Hathnikund Barrage into the river after heavy rain in parts of Uttarakhand and Himachal Pradesh.

US, Europe need countries like India to outcompete China: Top US Senator

US, Europe need countries like India to outcompete China: Top US Senator

Rediff.com18 Feb 2023

Earlier in an op-ed in The Washington Post, Schumer said the democratic international order must stand strong to confront the rise of the Chinese Communist Party.

'Indian soccer needs time to match best in Asia'

'Indian soccer needs time to match best in Asia'

Rediff.com15 Jan 2011

Bahrain football coach Salman Sharida feels India are emerging as a good team but will need time to match the best in Asia.

Stunning photos: Rise of the megacities

Stunning photos: Rise of the megacities

Rediff.com1 Nov 2011

Take a look at the rise of megacities across the world...

Soccer: Mohun Bagan beat Bangladesh Army FT in Durand opener

Soccer: Mohun Bagan beat Bangladesh Army FT in Durand opener

Rediff.com4 Aug 2023

'We tried to keep him, but there is nothing we can do'

SEE: Kohli makes his intent clear in practice session

SEE: Kohli makes his intent clear in practice session

Rediff.com19 Sep 2022

Having roared back to form with a much awaited hundred in Asia Cup, the spring in Kohli's stride was palpable.

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

No salary for Akash, Isha and Anant Ambani; fee for attending board meetings

Rediff.com26 Sep 2023

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.

RBI's Shaktikanta Das is Asia Pacific central banker of the year

RBI's Shaktikanta Das is Asia Pacific central banker of the year

Rediff.com4 Feb 2020

Nominating Das, the Banker magazine, which announced the award, said India's banks have faced a series of challenges, from non-performing loans to issues around fraud. Faced with these challenges, Shaktikanta Das has taken steps to bring banking in India up to standard via a restrained approach to governance.

Most Indian CEOs plan to cut operating costs

Most Indian CEOs plan to cut operating costs

Rediff.com17 Jan 2023

Amid rising geopolitical risks, a vast majority of Indian CEOs have indicated in a survey that they are reducing or planning to reduce operating costs, even as they are more upbeat than their global peers on their country's economic prospects. However, most of the companies do not plan to cut their headcount or salaries, found the annual Global CEO Survey released by consultancy giant PwC here on the first day of the World Economic Forum meeting on Monday. The survey also found that about four in ten CEOs (40 per cent of global and 41 per cent of India respondents) do not expect their companies to be economically viable in 10 years if they continue on their current path.

Breaking Up Business Groups Would Create More Problems

Breaking Up Business Groups Would Create More Problems

Rediff.com8 Jun 2023

Policies to break down the business group format are far more likely to be effective, argues Simon Commander.

India's response to China was strong and firm: Jaishankar

India's response to China was strong and firm: Jaishankar

Rediff.com15 Jan 2023

Speaking at the Tughlaq's 53rd Annual Day Function in Chennai, the External Affairs minister said, "On the Northern borders, China is seeking to change the status quo by bringing large forces, violating our agreements. Despite Covid, remember, this happened in May 2020. Our counter-response was strong and firm."

Nifty hits new peak, Sensex rises marginally

Nifty hits new peak, Sensex rises marginally

Rediff.com3 Dec 2020

Domestic equity benchmarks ended marginally higher on Thursday, with the Nifty settling at a fresh record, amid mixed cues from global markets.

Where Indians Want To Travel To

Where Indians Want To Travel To

Rediff.com20 Dec 2022

Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.

Nita Ambani most powerful businesswoman in Asia

Nita Ambani most powerful businesswoman in Asia

Rediff.com7 Apr 2016

The list acknowledges the 'inroads women are making in the business world'.

M-cap of all BSE-listed cos has jumped to Rs 39 trillion

M-cap of all BSE-listed cos has jumped to Rs 39 trillion

Rediff.com23 Jun 2023

The sharp rally in the broader markets has propelled India's market capitalisation (m-cap) to a new high. The combined m-cap of all BSE-listed firms rose to Rs 291.9 trillion in intraday trade on Thursday before settling lower at Rs 290.9 trillion. The previous record was on December 14, 2022, at Rs 291.3 trillion.

Creating junior sports stars in Asia

Creating junior sports stars in Asia

Rediff.com25 Feb 2016

Aditi and Akshay Maliwal are mentoring young sports athletes from Asia to get through to top US universities.

Markets rally after 3 days; Sensex zoomed 847 points

Markets rally after 3 days; Sensex zoomed 847 points

Rediff.com9 Jan 2023

Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters. The 30-share BSE Sensex zoomed 846.94 points or 1.41 per cent to settle at 60,747.31. During the day, it jumped 989.04 points or 1.65 per cent to 60,889.41.

Why AirAsia needs a new flight plan

Why AirAsia needs a new flight plan

Rediff.com26 Mar 2015

AirAsia's competitors are offering more reliable services.

Market valuations attractive; buy selectively for long term

Market valuations attractive; buy selectively for long term

Rediff.com6 Apr 2023

The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.

SARS virus spreads in Asia

SARS virus spreads in Asia

Rediff.com26 Apr 2003

What Are The Aims Of India's Indo-Pacific Policy?

What Are The Aims Of India's Indo-Pacific Policy?

Rediff.com26 Jun 2023

India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.

IOA approaches OCA for extension as protesting wrestlers want...

IOA approaches OCA for extension as protesting wrestlers want...

Rediff.com17 Jun 2023

IOA approached the Olympic Council of Asia, seeking an extension of the July 15 deadline for providing details of the country's wrestling squad for the Asian Games.

As supply slumps, onions prices rise by up to 76%

As supply slumps, onions prices rise by up to 76%

Rediff.com22 Aug 2019

The crop is currently trading at Rs 22 a kg compared to Rs 12.50 one month ago.

IMF cuts India's growth to 6.1% for FY23

IMF cuts India's growth to 6.1% for FY23

Rediff.com31 Jan 2023

The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 per cent from 6.8 per cent during the current fiscal ending March 31. The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall from an estimated 3.4 per cent in 2022 to 2.9 per cent in 2023, then rise to 3.1 per cent in 2024. "Our growth projections actually for India are unchanged from our October Outlook.

Akasa's Focus: Connecting Metros To Non-Metros

Akasa's Focus: Connecting Metros To Non-Metros

Rediff.com1 Apr 2023

'While we do some metro-to-metro flying, we have got a lot of metro-to-non-metro cities like Bengaluru-Visakhapatnam, Bengaluru-Bhubaneswar, Bengaluru-Guwahati and Bengaluru-Kochi.'

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

India runs risk of capital flight if crude touches $150, says S&P Global Ratings

Rediff.com4 May 2022

Without naming India, S&P said it expects that in regions where inflation already exceeds targets, or which are vulnerable to capital flight, central banks will be forced to raise interest rates.

Help yourself to get filthy rich

Help yourself to get filthy rich

Rediff.com27 Apr 2013

With the cunning of a master thief, author Mohsin Hamid has stolen the form of a self-improvement guide with chapter heads that alternate between the mundane and the cynical

Sensex, Nifty pare early gains to close lower

Sensex, Nifty pare early gains to close lower

Rediff.com16 Jan 2023

Benchmark equity index Sensex and Nifty gave up early gains and ended lower on Monday as investor sentiment was hit due to unabated foreign fund outflows and losses in index heavyweights Reliance Industries and HDFC Bank. The 30-share BSE Sensex declined 168.21 points or 0.28 per cent to settle at 60,092.97 as 15 of its constituents dropped. The barometer opened higher and touched a high of 60,586.77 in morning session. Later in the day, it fell 297.35 points or 0.49 per cent to 59,963.83.

Kapur chases second Volvo Masters of Asia win

Kapur chases second Volvo Masters of Asia win

Rediff.com28 Nov 2007

India's rising star Shiv Kapur will have one last throw of the dice at the season-ending Volvo Masters of Asia next week as he bids to end his year with a victory.

Wholesale price based inflation eased to 2-year low of 4.73% in Jan

Wholesale price based inflation eased to 2-year low of 4.73% in Jan

Rediff.com14 Feb 2023

The wholesale price-based inflation eased for the eighth consecutive month to 4.73 per cent in January on easing prices of manufactured items, fuel and power. The wholesale price-index (WPI) based inflation rate was 4.95 per cent in December 2022 and 13.68 per cent in January 2022. Inflation in food articles, however, rose to 2.38 per cent in January, from (-) 1.25 per cent in December, 2022.